PGG Wrightson lifts 1H profit by 55 percent on retail, Ag Services, pays 2.2 cent dividend

Tue, 26 Feb 2013

Feb. 27 (BusinessDesk) – PGG Wrightson, the rural services company controlled by Singapore-based Agria, listed first-half profit by 55 percent on earning s growth from retail and Ag services, allowing it to declare a 2.2 cents a share interim dividend. Profit rose to $4.8 million in the six months ended Dec. 31, from $3.1 million a year earlier, the company said in a statement. Revenue from continuing operations fell to $589 million from $694 million. Wrightson sold its finance unit to Heartland New Zealand in August 2011 and booked a loss o...

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